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Sitelabs Fund 10

Spain

Last updated 17 April 2020, by Impactyield.

Edit this fund

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Fund status


Financial description

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

34 years

of track record

1990

the year funded

14,000 AED

AUM

Interested in this fund?
Log in or create an account to request more information.

Gain a deeper and comprehensive understanding of how this fund generates positive impact in the themes and SDGs that matter to you, with insights provided by our dedicated team of expert analysts, and receive notifications about new available impact products, exciting investment opportunities, and relevant updates in the world of impact investing.

Asset manager

Abundant Power Capital

Website

Headquarters location:

Other funds managed by this asset manager: Cleansource Growth Equity I, LP

SDG goals

SDG targets

Eradicate extreme poverty

Implement social protection systems

Impact Category

n.a.

Key performance indicators

540000

Panses

6452222

Figues i flors i olives

Fund overview

Asset manager: Abundant Power Capital

Product track record: Fund has 34 years of track record

Target IRR: 20%

Committed Capital: 50,000,000 AED (UAE Dirham)

Target return category: Risk-adjusted market-rate of return Below risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage: , ,

Inception year: 1990

Vintage year: 1999

Target region: , ,

Target close date: 30/04/2020

Product term: semi open-end

Assets under management: 14,000 AED (UAE Dirham)

Investment size: Min: 540,000; Max: 70,000; Avg: 655,222

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 5

Fund investments to date exited or repaid: 54

Management fee: 587444%

Carried interest: 5%

Hurdle rate: 10%

GIIN Investors' Council Investment: Yes

Limited Partners / Investors: Can be provided to interested investors upon request.

Limited Partner / Investor Type: Development Finance Institution (DFI), Endowments/Foundations, Family Office

Contact

E-mail: hola@sitelabs.es pilar@sitelabs.es marc@sitelabs.es

Website: https://sitelabs.es

Phone number: 93333333

If you wish to have your details removed from this database please email gdpr@impactyield.com


Impact Performance

n.a.

Impact thesis

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Impact Management

n.a.

Financial benchmark

Term Description: Promote access to research, technology and investments in clean energy

Keywords